The Bahrain Stock Exchange will be closed from December 17th to 18th due to the National Day holiday.

Indian Coal Minister: Coal India expects annual coal production to reach 1.12 billion tons in 2029-2030.

Market news: Tesla (TSLA.O) appeals court ruling against Swedish postal service.

The European Union approved the German government to provide 2.6 billion euros in government subsidies to the Rheinland Group for the early closure of lignite power plants.

India plans to achieve annual coal production of 1.5 billion tons in 2029-2030.

German government spokesman: Budget negotiations have made progress and many issues have been resolved.

United States Geological Survey: A magnitude 5.0 earthquake occurred 42 kilometers northeast of Sijunjun County, Indonesia.

Fitch Ratings raises price forecasts for some global metals and mining.

India plans to set the blending ratio of ethanol to gasoline at 20% in the 2025-2026 fiscal year.

Reserve Bank of India: Offline retail payment products have completed the “testing phase”. Regulated entities may consider adopting offline retail payment products, subject to compliance requirements.

The JP Morgan EMBI Global Diversified Index showed that the spread between emerging market hard currency bonds and U.S. Treasury bonds narrowed to 394 basis points, the lowest level since April 2022.

Vietnamese Government: Vietnam and Cambodia agreed to double bilateral trade as soon as possible to US$20 billion.

Israel said sirens were sounded in Tel Aviv and central Israel.

Indonesian Navy: The Freedom tanker is still stranded and the cargo on the Freedom tanker is being unloaded.

WTI crude oil hit $71 per barrel, down 0.58% on the day.

Indonesia’s tin ore exports in November were 7,562.55 tons.

French Foreign Minister Colonna: Domestic sanctions are being considered over Israeli settler violence in the West Bank.

The total turnover of the securities market on the Singapore Exchange in November was SGD 19.98 billion.

Ukrainian Military: Russian troops launched a new round of large-scale offensive against the Ukrainian city of Avadivka.

Turkish Vice President: The fiscal deficit is expected to be less than 6% of GDP in 2023.